PNB announces mandatory “verification of high-value cheques”  

Posted on by City Today News (City today.media)

Bengaluru, 4th April 2022:  In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) to make Positive Pay System (PPS) mandatory for the cheque of Rs.10 Lacs & above.  

As per the Positive Pay System (PPS) developed by the National Payments Corporation of India (NPCI), a customer issuing the high-value cheque has to reconfirm some essential details, which are cross-checked while presenting the cheque in clearing before payment. 

PNB customers need to share details like account number, cheque number, cheque alpha code, issue date, amount, and beneficiary name for clearing the high-value cheques under PPS. 

These details are to be shared with the bank at least 24 working hours before the cheque is presented for clearing. Customers can share the details through internet banking, mobile banking, SMS banking, or their home branch in the prescribed format. 

The cheques that are registered in the PPS will only be accepted under the dispute resolution mechanism. 

As per Reserve Bank of India (RBI) guidelines, PNB had introduced PPS for cheques of ₹50,000 and above presented in CTS clearing from January 1, 2021, which has now become mandatory for the cheques of ₹10 lakh and above from today. 

RBI had recommended that while availing of the facility is at the account holder’s discretion, banks may consider making it mandatory for cheques of Rs. 5 lakh and above.

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Parimatch Starts a Blogger Battle: Baazi Bloggers Ki

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India, 04 April 2022 : With the launch of the Indian Premier League, #1 trusted global igaming company, Parimatch, launches a fun-filled campaign titled ‘Baazi Bloggers Ki.’ The contest is a battle among bloggers, offering their fans exciting opportunities to win exciting prizes like three iPhones 13 and seven AirPods.

Speaking about the exciting new campaign, said Dmitry Belianin, CMO, Parimatch International “IPL is an exciting time for everyone in India. The competitive spirit is ON. People are cheering for their favorite teams, making predictions, etc. Building on the same enthusiasm, we have announced an exciting contest that offers everyone to become a champion and get their ‘trophy.’ They get to predict which influencer will win the battle and get many great prizes. Each competition is more exciting than the previous one, so we hope that everyone plays well and entertains our audience simultaneously.”

The audience will experience a stimulating series of unique and fun challenges through this battle. The bloggers will have to bring their best game forward to get ahead in the challenge. The challenges will be hosted by the millionaire blogger Abhishek Malhan, who will invite different bloggers to compete with each other.

Following are the five exciting challenges that will be hosted.
Treasure hunt food challenge in Chandni Chowk – Wake n bite Vs. YPM VLOGS
Who can make the most money in 24 hours? – Hastar BTC Vs Wajahat Hassan
The 100 mystery doors challenge – Dimples kitchen Vs. wanderers hub
DESI squid games – Elvish Vs. Lakshay
The 100 Youtuber mystery button challenge – Dushyant Kukreja Vs. Wanderers Hub
A video show from a blogger with a new challenge will be released once a week starting from April 2022. The participants can predict their winners at http://www.baazijeetki.in. Parimatch would be giving away three iPhones 13 and seven AirPods.

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PRCI’s 18th Foundation Day Celebration 

Posted on by City Today News (City today.media)

Bengaluru, 3rd April 2022: During a time when the ‘new normal’ is just getting defined and refined, PRCI celebrates its 18th Foundation Day across its 50 Chapters pan India. Bengaluru Chapter, as PRCI’s birth Chapter, celebrated the occasion by commemorating it’s Founding Members, visible and invisible supporters and PRCI’s development over the years with a high-tea and ‘birthday’ cake at Hotel Renaissance at RC Road, Bengaluru.

Guest of Honor, Dr.C.Somashekara, Rtd.IAS and Chairman of Karnataka Border Area Development Board, in his audience address says we live in VUCA {volatile, uncertain, complex, ambiguous} times and need our lights lamping the way for better PR people to develop in building bettering relationships. Ms.Wanitha Ashok (Fitness Expert, Youth Icon and Socioenvironment Activist) in her Guest of Honour address says people grow old as they age while an organisation seasons like wine as it ages. This 18-year-old young adolescent is now poised to leave parental home and venture out into the world in finding its footing as a professional PR nurturing organisation as young leaders take the chairs that Founders developed over gruesome years in finding what it takes to facilitate Communication For A Better World.

During the Foundation day event , Chapter members, honoured the PRCI FOUNDERS and released the House Magazine of PRCI 2nd edition of the year,CHANAKYA and KAUTILYA Magazine.

Shri.M.B Jayaram, Chief Mentor, Emeritus PRCI, Dr.T Vinay Kumar, National President , PRCI and DR TS LATHA, ZONAL CHAIRMAN-PRCI, South India  were present.

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Orchids The International School introduces “No Book Day” to promote activity-based ‘hands-on’ learning

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APRIL 2022: The leading K12 school chain has always been on the news for pioneering new teaching techniques for its students’ well-rounded development. In order to continue that legacy, OIS has introduced ‘NO BAG’ day once every week from Grade I to VIII. Every Wednesdays student will be allowed to explore their favourite subjects through various activities. Details are as follows.
Languages English / Hindi / Marathi / French honing their communication skills through activities such as elocution, drama, conversation, skits, debate, declamation, group discussion, recitation, explanation of the lesson by the students, etc.
Maths& Science PBL (project-based learning) projects and experiments to be done in groups followed by worksheets / Viva to assess individual learning outcomes, worksheets to reinforce concepts, reinforcement of the lessons through interesting methods.
EVS / Social Science Experiments, role play, skit, map work based on the topics covered
Students will be encouraged to perform different forms of activities (as mentioned above) related to the current subject-related topic being taught. A regular timetable will be followed and during the subject periods, any of the above-mentioned tools will be used to facilitate learning. These tools will cater to the concept of audio-visual and kinesthetic learning.
Commenting on this initiative Dr. Kavita Nagpal, Principal Orchids The International School, Masjid Bunder, said, “We are trying to break the monotony of classroom learning through these initiatives. During the lockdown, students have been confined to four walls and gadget screens were their only window through which they saw the drastic change in their world as they knew it. This has undoubtedly affected their tender psyche and going back to the pre-covid normalcy is not easier for them. Hence, this is our small effort to encourage them to open up and push them to learn by doing”

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CUT FUEL PRICE, BRING IT UNDER GST: KASSIA

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The continuing increase in the pump price of petrol and diesel has become a never-ending burden for the micro and small scale enterprises in particular, and the resultant increase in the input costs is hurting their already thinning margins, said P. Shashidhar, Administrator, KASSIA.
The petrol and diesel prices have been revised upwards nine times in the last few weeks,” he pointed out. “The latest hike by 80 paise a litre each, taking the total increase in rates in the last 10 days to Rs 8.00 per litre, is escalating problems for both the employer-industries as well as workers whose commutation costs are rising and there is a demand from them to compensate them which is simply not possible under the present circumstances. The government at the state as well as the Centre should take into account the alarming situation faced by the micro and small enterprises (MSE) sector and bring down the prices immediately. Also, the time has come for the GST Council to include petrol and diesel under GST, which could perhaps deliver a solution to this never-ending hikes,” KASSIA suggested.

–P.SHASHIDHAR
ADMINISTRATOR

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